$890,000

3704 S Hanover St

BALTIMORE MD, 21225

Description

Standalone 2 story Mixed Use building with immediate access to 895 and quick access to 695 in Brooklyn, Maryland.Great investment or owner user opportunity. The property is currently 70% occupied and has one 3000 sqft space that is unfinished and could be demised into smaller spaces to fit multiple tenants. Potential of up to $105,000 a year in income after expenses which would put this property at a remarkable 11.8% cap rate.

Details

MLS#MDBA466600
StyleIndustrial
Sub-TypeResale
StatusActive
Year1927
Days On Site224

Features

SQ Feet18,000
Story(s)0
Units1
ZoningC-2

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Area Information

StateMD
CityBALTIMORE
Zip Code21225
Listing VS Median (in 21225)
Price:
$890,000
low | high
Med:
$105,000
100% of Average
SqFt:
18,000
low | high
Med:
1,192
100% of Average
$ / SqFt:
$49
low | high
Med:
$88
28.153985370636% of Average
On Site:
224
low | high
Med:
7
100% of Average
Listing Updated: 12/08/2019
MLS Number: MDBA466600
Listing Provided By:
Sam M Tanner  of  Keller Williams Flagship of Maryland